[The following information applies to the questions displayed below] Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2020. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2020: Asset Office furniture Machinery Used delivery truck Date Placed in Cost $390,000 1,608,000 88,000 Service 02/03/2020 07/22/2020 08/17/2020 "Not considered a luxury automobile. During 2020, Karane was very successful (and had no $179 limitations) and decided to acquire more assets in 2021 to increase its production capacity. These are the assets acquired during 2021 Asset Computers and information system Cost 5 445,000 Date Placed in Service 03/31/2021 05/26/2021 08/15/2021 11/13/2021 Luxury autof Assembly equipment Storage building tused 100% for business purposes. 92,000 1,440,000 700,000 Karane generated taxable income in 2021 of $1,792,500 for purposes of computing the $179 expense limitation (Use MACRS Table 1. Table 2 Table 3. Table 4. Table 5, and Exhibit 10-10) (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) Check my work